Old Palace Road - NR2 4NB
Key Postcode Insights
NR2 4NB is a residential postcode situated on Old Palace Road, Norwich, NR2 with 9 addresses.
It ranks as the 198th largest and 83rd most expensive of the 648 postcodes in the NR2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £144,136
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £835pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
NR2 4NB is a residential postcode situated on Old Palace Road, Norwich, NR2 with 9 addresses.
It ranks as the 198th largest and 83rd most expensive of the 648 postcodes in the NR2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £144,136
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £835pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin NR2 4NB
- 60 Old Palace Road
2 Bed Mid-century Flat
- 62 Old Palace Road
Unknown
- 64 Old Palace Road
2 Bed Mid-century Flat
- 66 Old Palace Road
2 Bed Mid-century Flat
- 68 Old Palace Road
2 Bed Mid-century Flat
Sales Market Trends
The last sale in NR2 4NB sold for £166,000 on 9th December 2022. Since then prices are down an average of 6.0%.
The current average value in the postcode is £144,136.
The NR2 4NB Sales Market has increased by 7.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £144,136 |
| June 2025 | -1.9% | £148,100 |
| June 2024 | -1.2% | £150,960 |
| June 2023 | 1.3% | £152,777 |
| June 2022 | 3.9% | £150,884 |
| June 2021 | 2.7% | £145,166 |
| June 2020 | 3.7% | £141,395 |
| June 2019 | 0.6% | £136,326 |
| June 2018 | 2% | £135,547 |
| June 2017 | -0.5% | £132,935 |
| June 2016 | 5.5% | £133,612 |
| June 2015 | 6.9% | £126,704 |
| June 2014 | 7.1% | £118,516 |
| June 2013 | 2.7% | £110,702 |
| June 2012 | 0.3% | £107,835 |
| June 2011 | -3% | £107,520 |
| June 2010 | 7.2% | £110,830 |
| June 2009 | -14% | £103,416 |
| June 2008 | -7.9% | £120,304 |
| June 2007 | 0% | £130,653 |
Rental Market Trends
The current average rental value in the postcode is £835.
The NR2 4NB Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £835pcm |
| June 2025 | 1.9% | £812pcm |
| June 2024 | 8.2% | £797pcm |
| June 2023 | 7.3% | £737pcm |
| June 2022 | 4.9% | £687pcm |
| June 2021 | 7.8% | £654pcm |
| June 2020 | 3.5% | £607pcm |
| June 2019 | 1.3% | £586pcm |
| June 2018 | 0% | £579pcm |
| June 2017 | 0.8% | £579pcm |
| June 2016 | 2.7% | £574pcm |
| June 2015 | 2.3% | £559pcm |
| June 2014 | 2.7% | £546pcm |
| June 2013 | 0% | £532pcm |
| June 2012 | 2.6% | £532pcm |
| June 2011 | 0.9% | £518pcm |
| June 2010 | 3.1% | £514pcm |
| June 2009 | -9.4% | £498pcm |
| June 2008 | -3.2% | £550pcm |
| June 2007 | 0% | £568pcm |
Sales History
The last sale was on 9th December 2022 for £166,000 and since then the market in the area has decreased by 6.0%. The postcode has had a total of 4 sales since 1995.
NR2 4NB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£166,000 | 2 Bed Flat74, Old Palace Road, Norwich, NR2 4NB74, Old Palace Road, Norwich, NR2 4NB
- Sold Jul 2007£124,995 | 2 Bed Flat74, Old Palace Road, Norwich, NR2 4NB74, Old Palace Road, Norwich, NR2 4NB
- Sold May 2002£64,950 | 2 Bed Flat74, Old Palace Road, Norwich, NR2 4NB74, Old Palace Road, Norwich, NR2 4NB
- Sold Mar 1998£27,000 | 2 Bed Flat74, Old Palace Road, Norwich, NR2 4NB74, Old Palace Road, Norwich, NR2 4NB
Nearby Postcodes
NR2 4NB is the 198th largest and the 83rd most expensive postcode out of the 648 postcodes in the NR2 area.
- NR2 4ND, Old Palace Road, Norwich, NR2NR2 4ND12 Addresses|35 m away
- NR2 4JQ, Old Palace Road, Norwich, NR2NR2 4JQ9 Addresses|61 m away
- NR2 4JH, Lanchester Court, Norwich, NR2NR2 4JH61 Addresses|69 m away
- NR2 4QX, Devonshire Street, Norwich, NR2NR2 4QX54 Addresses|72 m away
- NR2 4NH, Langley Walk, Norwich, NR2NR2 4NH52 Addresses|79 m away
Property Types
- 1 modern flat built after 1980
- 7 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- modern flat (1)
- mid-century flat (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2011£292,000 | 4 Bed House49, Old Palace Road, Norwich, NR2 4JG49, Old Palace Road, Norwich, NR2 4JG
- Sold Mar 2025£265,000 | 3 Bed House27, Old Palace Road, Norwich, NR2 4JE27, Old Palace Road, Norwich, NR2 4JE
- Sold Jun 2022£263,000 | 3 Bed House69, Old Palace Road, Norwich, NR2 4JW69, Old Palace Road, Norwich, NR2 4JW
Schools Nearby
- Nelson Infant School400 m away
- Wensum Junior School800 m away
- Recreation Road Infant School1.0 km away
- Jane Austen College1.0 km away
- Sewell Park Academy1.8 km away
- Notre Dame High School, Norwich1.9 km away
More reading links
Public Transport Nearby
The closest station to NR2 4NB is Norwich station, which is 2.1 kilometres away.
- Norwich|2.1 km away
- Salhouse|8.8 km away
- Brundall Gardens|9.6 km away
- Brundall|11.0 km away